If Ann is named as a donee beneficiary on Carl's life insurance policy, Ann can sue the insurance company if it fails to pay her when Carl dies.

Question

Quizplus · Accepted Answer

The contracting parties owe the donee beneficiary the act promised; if it is not forthcoming, the donee beneficiary may bring suit. The consideration that supports this type of agreement is the consideration exchanged by the parties in privity of contract.

If Ann Is Named as a Donee Beneficiary on Carl's